Milton Applebaum v. Avaya, Inc., et al.
The Delaware Supreme Court affirmed the lower court's definition of fair value as market value for the purposes of determining the value of a stock split under 8 Del. sec. 155. Becuase Avaya, Inc. was publically traded over the NYSE, the trading price was ...
Fair Value Is Market Value
The Delaware Supreme Court affirmed the lower court's definition of fair value as market value for the purposes of determining the value of a stock split under 8 Del. sec. 155.